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Cybersecurity is a very intimidating topic, much like cryptocurrency and artificial intelligence. It can be hard to understand, and, frankly, it sounds kind of ominous and complicated. But fear not. We’re here to break this topic down into digestible pieces that you can rebuild into your own cybersecurity strategy. Bookmark this post to keep this handy glossary at your fingertips. Here’s a comprehensive list of general cybersecurity terms you should know.

When it comes to the business of law and the technology that law firms rely on to operate, blockchain has until very recently been of limited relevance, with CIOs and their teams only interested at the very fringes – the majority will tell you off the bat that blockchain is massively overhyped, and to a great extent they are right. But in contrast with the fact that blockchain in 2018 officially entered the trough of …

Looking forward to 2019 as exciting as it can get for technology, in particular for the broader umbrella of Artificial Intelligence, with chips getting faster and cheaper than ever, and the remotest places and people getting connected to the internet. While anyone would be hardly oblivious to the term AI unless one is absolutely living in a den, we have been consuming the outcomes of AI through many applications and systems we use on a …

The big problem in security isn’t people, process, or technology. While imperfect, the industry is filled with hardworking and talented people, security awareness and processes are improving rapidly in most organizations, and there is no shortage of good technology. The big problem is cultural, and it is at the root of all these other shortcomings.

The digital transformation wave has completely upended the banking business with game-changer technologies like web, mobile and most recently, Artificial Intelligence. Over 1billion transactions are conducted through mobile and internet banking with 2359 high-street branches closed in last two decades. Mobile apps are winning the race with 15000 people downloading a banking app per day.

The importance of B2B digitization, and its competitive implications, is easy to overlook because the digital shifts under way are less immediately obvious than those in B2C sectors and value chains. <<one year later and still fresh>>

There is a clear sense that blockchain is a potential game-changer. However, there are also emerging doubts. A particular concern, given the amount of money and time spent, is that little of substance has been achieved. Of the many use cases, a large number are still at the idea stage, while others are in development but with no output.

In the PoC with R3, corporates using Corda will be able to authorise payments from their banks via gpi Link; gpi payments will be settled by the corporates’ banks, and the resulting credit confirmations will be reported back to the trade platforms via gpi Link on completion.

Calculus gives you all these nice equations for how to calculate a series of changes across infinitesimal steps—in other words, it saves you from the nightmare of modeling continuous change in discrete units. This is the magic of Duvenaud and his collaborators’ paper: it replaces the layers with calculus equations.

Identity has traditionally been verified through the physical provision of documentation that confirms a person or a business. Historically, the acquisition of goods or services required face-to-face interaction and, therefore, the presentation of verification documentation did not create a significant burden. The evolution of digital channels has resulted in increased remote availability of goods and services, but the corresponding identity verification process has largely been left behind.

When the report’s surveyors asked financial services organizations worldwide about the impact of advanced technologies in the next 12 months, Open APIs were considered to have the largest potential impact.

The current prevalence of digital banking is largely focused on the customer acquisition and customer experience domains. In the future, this will evolve to a more holistic ‘financial well-being’ focus with banks potentially becoming utility players providing an infrastructure that is unburdened from legacy architecture and processes and more dependent on digital technology.

Digital Transformation is a new revolutionary movement sweeping across many industries, but banking as a sector is particularly impacted. Artificial Intelligence (AI) is a key driver in digital transformation. This article will give you a summarised perspective on the impact of AI in banking.

The promise of APIs in enabling innovation is unquestionable. Open banking has transformed the traditional banking ecosystem into one that benefits consumers and banks alike. APIs have also opened up a completely new line of business for fraudsters. According to Gartner, ‘By 2022, API abuses will be the most-frequent attack vector resulting in data breaches for enterprise web applications’.

SYDNEY (Reuters) – The World Bank has priced the world’s first public bond created and managed using only blockchain in a A$100 million ($73.16 million) deal designed to test how the technology might improve decades-old bond sales practices. note: a private Ethereum blockchain is used